Following a summary judgment in a class action regarding prepaid payment cards, the court determined the appropriate prejudgment and postjudgment interest to be awarded to the plaintiff class.
The court deferred the determination of a distribution protocol pending the resolution of the defendants' appeal and the plaintiff's cross-appeal.
The court awarded $1,233,753 in prejudgment interest and ordered postjudgment interest at a rate of 3.0% per annum on the total award of $18,063,753.
